Tag: Buffalo Billion

Aug 1

2018

Job deadlines set for Tesla solar plant

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The Buffalo News is reporting that the state and Tesla have agreed on deadlines for the company to create jobs related to its solar panel manufacturing plant in South Buffalo. Tesla has two years to create 1,460 jobs in the Buffalo area, including 500 at the factory at Riverbend. Tesla faces fines of up to $41 million a year if it fails to meet the job goals. The state spent $750 million of taxpayer money to build and equip the facility, the centerpiece of Gov. Andrew Cuomo’s Buffalo Billion initiative. Alain Kaloyeros, a top state economic development official, and Louis[...]

Posted 6 years ago

Jul 29

2018

Heaney talks media on WBEN

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Kevin Hardwick and Bill Conrad interview Investigative Post Editor Jim Heaney on the media, the rise of Investigative Post and its coverage of the Buffalo Billion on their Sunday morning interview program.  

Posted 6 years ago

Jul 27

2018

Heaney talks ‘Billion on ‘Pressroom

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Editor Jim Heaney discusses a recent story by Charlotte Keith on the failure of the AMRI project to spin off the jobs promised by state officials. During his interview with Susan Arbetter of The Capitol Pressroom he also touches on the guilty verdicts in the corruption trial involving the Buffalo Billon and reforms in the state’s economic development programs.

Posted 6 years ago

Jul 23

2018

Another ‘Billion project falling short on jobs

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It was one of the first Buffalo Billion projects announced: a $50 million state investment in drug discovery company Albany Molecular Research Inc. which, Gov. Cuomo promised, would yield almost 200 spinoff jobs. Five years on, there’s little evidence those jobs have materialized. AMRI was responsible for creating only 55 jobs, a goal the company met earlier this year. The partner companies whose jobs the state had been counting towards the project’s overall goal of 25o jobs appear to employ only a few dozen people, rather than the 195 anticipated. And only a handful of those jobs seem to be directly[...]

Posted 6 years ago

Jul 12

2018

Buffalo Billion verdicts warrant further action

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Alain Kaloyeros has been known as many things during his career. Dr. K. Near genius. Nanotech guru. And as of Thursday, convicted criminal. Ditto for Lou Ciminelli. Civic leader. Power broker. Philanthropist. And yes, convicted felon. Down the list of defendants we go. Guilty. Guilty. Guilty. And, at the risk of repeating myself, guilty. It was a good day for clean contracting, for good government. But the job is far from done. Testimony during the trial established that the governor’s office installed Todd Howe, a longtime Cuomo associate, as the administration’s “eyes and ears” inside the operation that Kaloyeros headed[...]

Posted 6 years ago

Jun 28

2018

Cuomo flunkies cross the line

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A former Cuomo flak testified the other day that another of the governor’s minions attempted several years ago to dissuade donors from continuing their support of Investigative Post in retaliation for its reporting on corruption in the Buffalo Billion program. “There was an effort made by people that Todd [Howe] knew that had donated to Investigative Post in the past, there was an effort to get them to stop doing that,” said David Doyle, a former spokesman for Alain Kaloyeros, the disgraced nanotech guru on trial along with three developers who just so happened to be major contributors to Cuomo’s[...]

Posted 6 years ago

Jun 26

2018

Buffalo Billion project kept hush-hush

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Executives at LPCiminelli kept the state-affiliated nonprofit overseeing Buffalo Billion projects in the dark about a second project the company was awarded under a no-bid contract, a key witness testified Monday in the ongoing corruption trial. The company was chosen – quietly – to build a lab and office for biotech company Albany Molecular Research Inc. before LPCiminelli had even submitted their response to the Request for Proposals to build a factory for SolarCity that prosecutors said was rigged in their favor by Alain Kaloyeros and lobbyist Todd Howe. Kevin Schuler, a former LPCiminelli executive who has pled guilty to[...]

Posted 6 years ago

Jun 15

2018

What to watch for in Buffalo Billion trial

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 On Monday, Buffalo businessman Louis Ciminelli, will face trial in federal court in Manhattan, accused of taking part in a scheme to rig the bids for the construction work on the huge factory for SolarCity. Federal prosecutors say Ciminelli and other executives at his company worked with Alain Kaloyeros, the state official in charge of Gov. Cuomo’s Buffalo Billion initiative, to secretly tailor the bid specifications so their company would get the contract. Kaloyeros, who is also facing corruption charges, presided over a system of non-profit organizations that were exempt from the usual state oversight, even as they handed[...]

Posted 6 years ago
Investigative Post

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